Oversight empowers you to keep tabs on the entities you have connected to Syft, measuring their financial and data health, and delegating responsibility to members of your team. We've revamped this tool to make it easier to navigate and more powerful. Let's see what's new.
What's new 🧐
With the reinvented Oversight, you can keep tabs on the important metrics in your organization using one of three set views:
Financial: Track financial metrics across all your entities with a financial score and a focus on key metrics. Sort by any metric and create filters to view subsets of data.
Consolidations: Navigate information about all your consolidations, including the underlying entities and key metrics for each of these as well as how your consolidation is performing as a whole. Change between a table view and hierarchy or view to get a clear picture of the composition of the group entity.
Pro Tip 💡: The hierarchy view gives you a clear sense of the group in its entirety and even accommodates groups of groups!
Review: Narrow in on the data quality and anomaly detection across all your entities, including the review status, unreconciled transactions, duplicate transactions, duplicate accounts, and duplicate contacts. Sort by any metric and create filters to view subsets of data.
Note 📝: Review columns are set to show one year of data by default.
Add new columns +
You can also add new columns to Oversight by clicking on the "+" icon. You can then choose from the following options:
Under "Add existing information":
Metric
Syft plan
Reporting currency
Provider
Under "Assign":
People - to delegate responsibility to team members (this is only applicable to people who are attached to your organization on Syft)
Tags - to categorize and filter sections according to tag
Under "Input":
Note - this allows you to create a note within the table
Alternatively, if none of these views suits your needs you can create your own custom Oversight view.
Build a view 🛠️
To create a new view, click "+ Add view." You can then choose between:
Using a prebuilt template
Starting from scratch
The prebuilt templates are:
Financial: which includes entity, financial score, total income, net profit/loss, net margin, and total cash
Review: which includes entity, review status, value of unreconciled transactions, duplicate transactions, duplicate accounts, duplicate contacts, and transactions outside business hours
Consolidations: which includes consolidations, currency, total income, and total cash
Sales: which includes entity, sales score, new customers, active customers, median customer spend, and quantity sold
Transactions: which includes entity, total transactions, invoices, and bills
Once you've decided on a template, click "Use template," and you're good to go!
FYI 🧐: Your default view will be the first view to load.
Custom view ✨
If none of these views work for you, click "+ Add view" and "Start from scratch" to build your own bespoke view. You can then select any columns you would like from:
Financials - such as your financial score, cash and cash equivalents, current ratio, or total income
KPI Scorecards - for this, you will add a column with dropdown selectors which you can then populate with the KPI you would like to see. This KPI will be specific to each entity.
Chart of accounts - from your P&L or Balance Sheet
Sales - such as new customers, active customers, or customer sales
Review - using columns from the Review feature set such as number of unreconciled transactions or duplicate accounts
Transaction types - including data such as invoices, bills, or customer payments
Connections - this functions similarly to KPI Scorecards by creating a column with a dropdown selector with which you can select specific non-financial connections on a per entity basis
You can then specify if you would like to include decimal points and, if so, how many points.
Pro Tip 💡: Add tags to supercharge entity filtering.
Looking for custom views after you've created them? No stress. You can find them by clicking on the "..." button to the right-hand side of your other views at the top of the screen.
Viewing options 👀
Choose to view your data for any of the following:
The current period
Growth vs. prior period
Growth vs. prior period last year
Growth percentage vs. prior period
Growth percentage vs. prior period last year
Important things to note ❗️
Oversight is packed with powerful tools, but keeping track of everything can be tricky. So, I thought I'd highlight a few important things that may not be immediately obvious:
How to filter: To filter your view, select the funnel icon next to the column name.
What's the deal with notes: The note option is a free text-entry column. This means you can write any text-based note you'd like.
A note on saving: Remember to save so that you don't lose any of your hard work! Once you've made changes, you'll see a little red dot appear above the Save button indicating that you need to save.
Closing thoughts 💭
Oversight has long been one our most beloved features at Syft, especially for accountants and bookkeepers, as it helps you to track vital metrics across all your entities connected on Syft. These improvements have been a long time in the making and we hope that you will make the most of them! For any questions, please feel free to reach out to your account manager.